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India - Total Early-Stage Entrepreneurial Activity 12.2

GEM APS · updated 2026-10-03 · 116 economies tracked

Latest value

12.2 (2024)

Global rank

##22 of 116 economies

Share of global total

1.8%

Growth since 2001

1.13×

Ranking Race — Total Early-Stage Entrepreneurial Activity

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55200120062011201620212024#9#222021 overtook Slovak Republic2023 overtook Netherlands
IndiaEcuadorChileSaudi ArabiaCanada

Real annual global ranks, 2001 - 2024. India climbed from #9 to #22 (overtook Slovak Republic). Gaps in a lane = missing data that year.

Key events for India ↓

Key Events — India

Auto-detected from rank data + curated milestones

2008
Global crisis slowdown curated

Growth slows sharply as capital flows reverse.

2014
Fell 15 places in global rank auto
2015
Climbed 25 places in global rank auto
2016
Demonetisation curated

High-denomination notes withdrawn, causing cash shortages.

2020
Fell 26 places in global rank auto
2020
COVID-19 lockdown curated

GDP records its largest contraction on record.

2021
Overtook Slovak Republic in global rank auto
2021
Climbed 21 places in global rank auto

Total Early-Stage Entrepreneurial Activity, 2001-2024

GEM APS · % of adult population · linear scale · ranking in the race above
200120062016202120245.38.8812.4616.04
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